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8338 Elliot Avenue

8338 Elliot Avenue, Minneapolis, MN 55420
Property in East Bloomington
Sold Nov 05, 2018
$170,000
$164,900 by American Mortgage & Equity Con
Mortgage Due Nov 01, 2048
Sold Sep 20, 1999
$108,500
8338 Elliot Avenue in Minneapolis, MN was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1974. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 8338 Elliot Avenue has 901 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a detached garage. The garage is 576 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of metal. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8338 Elliot Avenue sold most recently in Oct 30, 2018 for a total of $170,000. If you work out the math, that's approximately a cost of $188.68 per sqft. Before that, the property was also sold for $108,500 in Aug 26, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,384 in taxes each year. 8338 Elliot Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $217,700. If we break it down further, the land itself was valued at $119,800. Improvements to the property, however, were assessed at a total of $97,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1974
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 901
  • Gross Building Area: 901
  • Building Area: 901
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 901
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ACKERMANS 2ND ADDN
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 007 004 ACKERMANS 2ND ADDN 75 X 135.23

Ownership

  • Current Owner : CATES CHRISTOPHER JUSTIN
  • Previous Owner : LEVERSON CAROL D
  • Owner Before Previous Owner: FORBY TIMOTHY J
  • Owner Before Previous Owner 2: FORBY TAMARA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomington Public School District
  • School Tax School District: BLOOMINGTON
  • Census Tract: 025201

Geography

  • Assessors Map Reference: MB:70281
  • District: 20
  • Parcel: 02-027-24-31-0102
  • Block: 4
  • Lot: 7
  • Meridian: SEC 02 QTR 31 TWN 027 RNG 24
  • Municipality: BLOOMINGTON
  • Latitude: 44.852
  • Longitude: -93.2622

    Address

  • Full Address: 8338 Elliot Ave S
  • Address - House Number: 8338
  • Street Segment Direction: S
  • Address - Street Name: Elliot
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Minneapolis
  • Carrier Code: C021
  • 4-Digit Zip Code: 2462
  • Zip Code: 55420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,384

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 235,572
  • High Value: 273,570
  • Low Value: 197,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,900
  • First Open Lien Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • First Open Lien Mortgage Recording Date: Nov 05, 2018
  • First Open Lien Mortgage Loan Amount: $164,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Market Valuation

  • Market Total Value: $217,700
  • Market Land Value: $119,800
  • Market Improvement Value: $97,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $217,700
  • Assessed Land Value: $119,800
  • Assessed Improvements Value: $97,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2018
  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Transaction ID: 11531541953
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05573810
  • Previous Sale Recording Date: Sep 20, 1999
  • Previous Sale Contract Date: Aug 26, 1999
  • Previous Sale Amount: $108,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE & EQUITY CON
  • First Mortgage Transaction Date: Nov 05, 2018
  • First Mortgage Loan Amount: $164,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About East Bloomington



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$2,895 /mo

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6809 5th Avenue S, Richfield, MN, 55423 Listing by Austin Housh

Frequently Asked Questions

What neighborhood is 8338 Elliot Avenue located in?
The 8338 Elliot Avenue is a located in the neighborhood of East Bloomington in East Bloomington, Minneapolis.
What is the average sales price for listings in 8338 Elliot Avenue?
The average sales price for units in 8338 Elliot Avenue is $0 currently.

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